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Its like hogs. if they detect a weakness, they will go after it. it was in response to a question of whether they anticipated the reaction in the markets and they will taper back the $85 million they put into the bond market. the taper. all the market turmoil, many are wondering what state the economy is in. the report card is in. i asked the best market watchers to grade the economy. here is what they say. >> i would give our economy a b to b plus. it's getting better, but not fast enough. >> the u.s. is a b plus at this point. we should be creating way more jobs. >> i give it a b minus, but ...

Economic weakness, wall street will freak out because the economy is not strong enough so it's hard to tell what investors want to see here. >> well it's easy, they want to be goldilocks, can't be too hot and can't be too cold. the problem is of course you're usually not goldilocks for too long. you're either too hot or too cold. today's jobs report was in the middle and the interest rates are right in the middle particularly on housing. they bounce back reflecting better growth in the economy but we're not yet to the 4.5% on the 30-year mortgage which is the rate at which housing started to r...

This question while i ask stephen first. stephen moore who letter grade do you give the economy right now? >> you know, he'd gied i'd give minus but i'm optimistic about the future. you take into account corporate balance sheets still look beautiful, american companies are lean, mean fighting machines, you have the low interest rates, you've got the housing recovery. i'm pretty optimistic we may see that b minus turn into a b plus. >> jeff, your turn. >> i'm right there, too. i think a b minus, this economy has held up well. one of the things i grade on a curve a little, maybe more of a c plus...

And paul volcker what is what he said about the fed's recent moves. >> i know it's fashionable to talk about a dual mandate, the policy should somehow be directed toward two objectives of price stability and full employment. fashionable or not, i find that mandate both operationally confusing and ultimately illusory. >> two things i'll say about paul volcker, he is so tall. the podium is two feet below him. second of all, consumer prices relatively stable. no question the fed's moves are helping stock prices but what will the history books say whether this is a boost or bust to the broader eco...

Down and then you've got a very substantial fiscal drag from higher taxes from the sequester from a lot of stuff coming in negative from the government. >> mohamed, let me give you this piece of positive data, gallup poll out this week showing more businesses are hire, that's the perception of 37% of people surveyed said their companies are planning to increase payrolls, 37%, that he's the highest level in five years. so what does it take for companies to start hiring? what does it take for them to look at the cash in the bank to look at these very low interest rates and to look at an economy ...